TOP NEWS

SpaceX Seeks $750M In Debt Funding

Hawthorne, California-based SpaceX, the commercial space exploration firm run by Elon Musk, is looking to raised $750M in a leveraged loan offering, according to a report on Tuesday. The loan effort is being led by BofA Merrill Lynch. The debt funding effort is apparently the company's first time it has attempted to tap into the institutional debt market.